REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • November 6th, 2006 • Forster Drilling Corp • Non-operating establishments • Texas
This Registration Rights Agreement dated as of the date set forth on the signature page (“Agreement”) is by and between Forster Drilling Corporation (the “Company”), and the signatory on the signature page (the “Holders”).
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • November 6th, 2006 • Forster Drilling Corp • Non-operating establishments • Texas
This SECURITIES PURCHASE AGREEMENT (this “Agreement”) is dated as of October 31, 2006 and is by and among Forster Drilling Corporation. a Nevada corporation (the “Company”), and each investor listed on Exhibit A hereto (each such investor individually, a “Purchaser” and, collectively, the “Purchasers”; such Purchasers and their transferors are hereinafter individually referred to as a “Holder” and, collectively, the “Holders”).
FORM OF NOTEConvertible Note • November 6th, 2006 • Forster Drilling Corp • Non-operating establishments • Nevada
FOR VALUE RECEIVED, the undersigned, Forster Drilling Corporation, Inc. (the “Company”), a corporation organized and existing under the laws of the State of Nevada, hereby promises to pay _________________________________, or registered assigns, the principal sum of [_______________________________] DOLLARS on November 1, 2007 with interest (computed on the basis of a 360-day year of twelve 30-day months) on the unpaid balance thereof at the rate of 12% per annum from the date hereof. This Note is one of a series of 12% Convertible Notes due November 1, 2007 (the “Notes”) issued pursuant to the Securities Purchase Agreement, dated as of October 31, 2006 (as from time to time amended, the “Purchase Agreement”), among the Company and the Purchasers named therein and is entitled to the benefits thereof. This Note is subject to the terms and conditions of the Purchase Agreement and in the case of a perceived conflict between this Note and the Purchase Agreement, the provision of the Purcha
